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Venture Capital News: Snap! Mobile Completes $90M Funding Round

2021-08-31
SEATTLE, WA, Snap! Mobile today announced it has closed a $90 million round of financing, its second to date.
The company is the parent organization of Snap Raise, the nation's largest and most secure digital fundraising platform for high school teams, clubs and activity groups.

Led by Elysian Park Ventures, the private investment arm affiliated with the ownership group of the Los Angeles Dodgers, the funding will accelerate the creation of new program and financial management software built specifically to support high school arts and athletic programs. In addition, the capital will enable Snap! Mobile Inc. to create and launch new financial technologies while remaining inquisitive about point solutions that solve critical product-related needs for its growing customer roster.

Snap! Mobile believes that every kid needs a champion. The company is building the first platform designed to help teams, groups, schools, and school districts around the country easily fund, manage, and create impactful youth programs. Teams turn to Snap Raise to fund their seasons and raise money year-round. Administrators and Athletic Directors use Snap Mobile to track, budget and manage spend at the school and district level. Since 2014 Snap Mobile has worked with more than 15,000 unique schools and organizations around the nation, and helped teams raise more than $430M in total funds.
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